Singapore

AML / KYC

Singapore Issues First Designation Under Foreign Interference Law

By Manesh Samtani | 28/02/2024

Businessman Philip Chan was designated as a “politically significant person” for his “susceptibility to be influenced by foreign actors.”

AML / KYC

Singapore and Malaysia Join Forces to Combat Telecom Scams

By Ranamita Chakraborty | 28/02/2024

Both countries have signed an MoU to provide regulatory assistance and cooperation related to scam telephone calls and text messages.

Fintech / Regtech

Singapore FinTech Association Drives FinTech Expansion to Malaysia

By Ranamita Chakraborty | 27/02/2024

Under the new Project Tapir, Singapore Fintech companies will be supported by Malaysian venture capital firms in their expansion efforts.

Enforcement

MAS, SPF Probe Samlit Moneychanger for Fraudulent Activities

By Nithya Subramanian | 26/02/2024

The money remittance company has informed the Monetary Authority of Singapore that it is planning to surrender its payment services licence.

Fintech / Regtech

FSDF Top-up Will Help Anchor Singapore Financial Services Capabilities

By Mark Johnston | 25/02/2024

MAS will use the S$2bn top-up to support talent development initiatives, innovation in financial services, and infrastructure projects.

Securities / Derivatives

SGX RegCo Proposes Restructuring Rule Changes for Distressed Firms

By Ranamita Chakraborty | 23/02/2024

Singapore’s bourse seeks to support the country’s efforts to be a restructuring hub amid rising insolvencies and global corporate defaults.

ESG / Sustainability

Navigating the ESG Reporting Landscape in Singapore

By George Cyriac | 23/02/2024

Experts from Morgan Lewis offer a comprehensive look into the dynamic and continuously evolving ESG regulatory landscape in Singapore.

Crypto / Digital Assets

The Future of Securities Tokenisation and Crypto Regulation 

By Hannah Cassidy | 22/02/2024

With crypto currencies and assets firmly lodged in the public mind, regulators need to lay guardrails to facilitate innovation and combat misbehaviour.

AML / KYC

Alternative Fund Managers Face Growing AML Risks: Study

By Ranamita Chakraborty | 22/02/2024

Several alternative fund firms faced AML fines and few were visited by regulators over money laundering concerns.